Property profile

11400 Somerset Ave Princess Anne, MD 21853

OFF-MARKET
Warehouses
Property ID
US40-2250420
13,440 SF 0.78 ac lot Built 1966
Individually Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1966
Total area 13,440 SF
Lot 0.78 ac (34,088 SF)
Zoning code I-2
APN 01-006878
UPID US40-2250420

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11400 Somerset Ave Princess Anne, MD 21853-1025
Princess Anne metro Census 930101 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2006
1 recorded transaction
2006
$185,000

Zoning & alternative use

I-2 · Princess Anne, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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